TNL · XBRL financial data

Travel & Leisure financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (TNL's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue	936*	916	985	993	971*	934	1,018	1,044	1,025*	961	1,063	1,101
Revenue from contracts with customers	936*	916	985	993	971*	934	1,018	1,044	1,025*	961	1,063	1,101
Cost of goods and services sold	26*	34	21	27	10*	23	21	13	year only	35	29	22
General and administrative	107*	112	128	111	125*	122	116	122	139*	121	130	125
Other operating income (expense)	year only	—	—	—	—	—	—	—	—	—	—	—
Operating income (loss)	191*	150	189	189	206*	156	206	214	(23)*	159	210	195
Interest income	4*	4	3	—	—	—	—	—	—	—	—	—
Interest expense	68*	64	63	63	60*	57	57	60	57*	56	59	56
Other income (expense)	0*	2	4	1	9*	1	1	1	4*	3	2	2
Income tax expense (benefit)	(2)*	26	36	33	39*	28	44	47	(12)*	29	46	38
Net income (loss)	129*	66	129	97	119*	73	108	111	(61)*	79	109	108
Earnings per share, basic USD per share	1.79*	0.93	1.82	1.40	1.74*	1.09	1.63	1.70	(0.95)*	1.25	1.75	1.77
Earnings per share, diluted USD per share	1.77*	0.92	1.81	1.39	1.71*	1.07	1.62	1.67	(0.91)*	1.22	1.72	1.73
Weighted average shares, basic millions of shares	72*	72	71	70	68*	67	66	65	64*	63	62	61
Weighted average shares, diluted millions of shares	73*	72	71	70	70*	68	67	66	67*	64	63	63

Fiscal quarters (TNL's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	282	479	166	194	167	188	212	240	253	254	282	306
Short-term investments	19	—	—	—	18	—	—	—	18	—	—	—
Inventory	1,135	1,187	1,206	1,208	1,227	1,221	1,252	1,269	1,128	1,183	1,179	1,148
Property and equipment, net	655	614	596	594	591	587	592	597	531	523	524	607
Right-of-use asset	46	44	47	51	47	51	52	86	85	85	82	84
Goodwill	962	993	968	971	966	968	972	971	972	971	972	1,045
Total assets	6,738	7,023	6,693	6,698	6,735	6,764	6,809	6,892	6,760	6,840	6,896	7,301
Total deposits	17	—	—	—	31	—	—	—	42	—	—	—
Total liabilities	7,655	7,948	7,577	7,559	7,615	7,667	7,662	7,713	7,742	7,863	7,916	8,308
Retained earnings	2,067	2,097	2,189	2,250	2,334	2,367	2,437	2,510	2,412	2,453	2,524	2,594
Total stockholders' equity	(918)	(926)	(885)	(862)	(881)	(903)	(852)	(821)	(981)	(1,022)	(1,019)	(1,007)
Total liabilities and equity	6,738	7,023	6,693	6,698	6,735	6,764	6,809	6,892	6,760	6,840	6,896	7,301
Common shares outstanding (cover page) millions of shares	71	71	70	68	67	66	65	64	62	62	61	60

Fiscal quarters (TNL's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	129*	66	129	97	119*	73	108	111	(61)*	79	109	108
Stock-based compensation	7*	9	11*	9*	12*	14	12*	12*	19*	13	15*	15*
Depreciation and amortization	29*	28	28*	30*	29*	30	31*	31*	32*	32	32*	35*
Net cash from operating activities	152*	47	174*	145*	98*	121	232*	163*	124*	38	220*	130*
Purchases of property and equipment	32*	17	21*	20*	23*	21	37*	27*	32*	19	25*	19*
Net cash from investing activities	(34)*	(57)	(24)*	(20)*	(23)*	(22)	(26)*	(30)*	(29)*	(18)	(26)*	(309)*
Proceeds from issuing common stock	3*	0	7*	2*	6*	2	5*	20*	7*	4	7*	0*
Share repurchases	40*	25	69*	68*	72*	70	70*	71*	90*	87	88*	75*
Dividends paid	32*	38	35	35	34*	41	37	36	35*	41	37	36
Net cash from financing activities	(56)*	203	(464)*	(113)*	(84)*	(63)	(192)*	(105)*	(83)*	7	(179)*	205*
Net change in cash	66*	189	(315)*	17*	(20)*	38	20*	27*	12*	30	15*	28*

SIC 7011 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7011 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Travel & Leisure	306	1,101	130*	60.3M	—	Q3 FY26 10-QSep 30, 2026
Choice Hotels International	171	458	55*	44.5M	—	Q3 FY26 10-QSep 30, 2026
Red Rock Resorts	136	510	158*	not reported	—	Q2 FY26 10-QJun 30, 2026
Boyd Gaming	297	990	203*	70.7M	—	Q3 FY26 10-QSep 30, 2026
PENN Entertainment	887	not reported	241*	134.1M	—	Q2 FY26 10-QJun 30, 2026
Park Hotels & Resorts	264	680	141*	201.3M	—	Q2 FY26 10-QJun 30, 2026
Caesars Entertainment	864	2,940	267*	203.8M	—	Q3 FY26 10-QSep 30, 2026
Hyatt Hotels	454	1,743	(135)*	not reported	28.6 quarters	Q3 FY26 10-QSep 30, 2026
MGM Resorts International	2,396	4,212	532*	253.0M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.